CWA actively reviewing the proposed sale of Lumen assets to Apollo Global Management

Lumen Technologies has announced plans to sell its operations in 20 Midwest and Southeast states to Apollo for $7.5 billion. This proposed sale impacts approximately 1,200 CWA-represented workers in Alabama, Arkansas, Illinois, Indiana, Kansas, Michigan, Missouri, New Jersey, North Carolina, Ohio, Pennsylvania, South Carolina, Tennessee, Texas, Virginia, and Wisconsin. The sale must be approved by the Federal Communications Commission, the U.S. Department of Justice, and state regulators.

CWA will be active in the regulatory review process to preserve good jobs for its members and quality service for consumers. “CWA is committed to supporting and protecting our members during this transition,” said CWA Telecommunications and Technologies Vice President Lisa Bolton. “We will work together and fight for our members who are going to Apollo as well as our members who are staying at Lumen.”

“CWA members are eager to use their skills and experience to expand broadband access, especially to areas that are traditionally underserved,” said CWA District 7 Vice President Brenda Roberts, who represents Lumen workers in the Mountain West region. “We will work to ensure that this transaction helps close the digital divide instead of boosting profits by cutting the jobs and services that our communities depend on.”

Existing collective bargaining agreements will be in full force and effect with Apollo.

Links: 

CWA statement on proposed sale of Lumen Technologies Assets to Apollo Global Management, Inc. (CWA, Aug. 17, 2021)